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A Nation of Counterfeiters.(Brief article)(Book review)

The New Yorker

| November 12, 2007 | COPYRIGHT 2007 All rights reserved. Reproduced by permission of The Condé Nast Publications Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

When Americans went shopping in the early eighteen-hundreds, they used paper money issued by any one of hundreds of banks--the country lacked a single paper currency--and both customer and banknote would be scrutinized before being accepted. The spuriousness of much of the money in circulation made it a rich era for counterfeiters, who, as Mihm writes in this revelatory, entertaining book, enjoyed a status somewhere between that of folk heroes and alchemists, forming a demimonde of criminal clans and ...

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